I've been interviewing for a role at Fidelity for a few months now, its in a squad leader role in tech. Is it honestly as bad as this board would suggest, should I run for the hills instead of accepting an offer? Everyone I interviewed with has been... — read more 

Management is the problem with the company culture. Not even sure if retraining them would be a good solution. In my department, it would be better to shut it down and start over.

What a sh*t show it's been for over two years now. Every day there's a "flash call" announcement, memo here and there, round table anxiety. How tf are we supposed to work in peace while anxiously waiting for these calls not knowing what we are... — read more 

Heard rumors that Emerson moving is supposed to have cascading impacts across wealth and PI. Every time you hear there's going to be new manager, you should be ready to get booted. Dalian "security" was just a pathetic excuse of long term plan to... — read more 

Every time you come across an individual with title head of this and that, changes are they're simply the ones who don't do anything. Can't use excel, can't understand the business in each product area, have no clue how much hardwork is happening... — read more 

Individual: goes above and beyond to do things more than half their team can't even understand. Their manager instead of praising the efforts starts rambling of their issue from another team and how the individual should have "stepped up" to help... — read more 

Any news on the layoffs?

What a sorry pathetic way to get rid of folks? What's the freaking use of praising individuals and saying how great they were after you boot them out? It's like saying at a funeral how great the person was after they're dead, I freaking expect to... — read more 

Today is April 22. Let’s see if this site has any truth to the layoffs. I don’t think so, but we shall see

Does anyone have real information on if there will be a mass layoff?

So guess they demoted some grade 8’s to grade 7’s. I had not heard about this but did notice a couple of the people I worked with start missing calls and being angry all the time. Not sure demoting someone a grade and asking them to do the same job... — read more 

we're a product team supporting all BUs across the enterprise. Our assigned architects who we never ask for contribute nothing to the core of our products but trying to leave their fingerprints on the surface or setting up red tapes here and there... — read more 

I’ve gotten multiple (10+) emails from chapter leadership in the past couple months introducing new additions to the team, and now you’re telling me there’s layoffs? Granted, some of them are offshore, but there’s some onshore. They are mostly... — read more 

few of My known contacts got terminated recently with no notice. they are contractors. any clue why they are downsizing?

My Fidelity buyout package vs being let go due to moving my job out of state was a great escape. That was over 20 years ago. Based on these comments Fidelity culture has not improved.

What if there’s no layoff and Fidelity can keep up the panic for another 20 years.

Fidelity is going back to white men running women’s groups and back to fear of layoffs and downsizing as a business strategy.

We need to be audited so fidelity will feel the pain of the Covid hires in their wallet. We would fail any audit, management is so weak no one knows what’s going on and they just blame the lowest person on the totem pole. It’s sad a company of this... — read more 

From reading comments it seems like layoffs happen annually. So that being said, how many people will likely be impacted? The company should not stress the entire staff because of a few hundred tech roles. Right? I just want to be able to relax. — read more 

A wave of layoffs is imminent. Many individuals will face challenges, and numerous companies may go bankrupt. Consider leaving big cities for smaller towns and start saving money.Those pests who are in grade 8 or higher might still manage to survive — read more 

I’ve been at the firm around a decade and I’ve been trying to remember if I’ve had a manager that I like and a manager that was good. I’ve had one of each, never both. Most have been terrible. Maybe that’s just how things are these days? — read more 

That really big layoff we had last year... does anyone know WHEN management received official word that a layoff was going to happen? Does anyone know when the signs started to show that the specific layoff was imminent? Thanks, have a good weekend... — read more 

Was there a layoff in India?

Well. They are getting rid of 150 positions in Albuquerque. They closed half the center about a year ago... Got rid of some of the amenities. I commented here that I saw it coming. If any of you execs are reading this site, have some... — read more 

It makes me so sad to go in the office and constantly hear people talk about how much they hate their spouse or kids. We all have bad days, but I would have thought people would be more sensitive to infertility. If you have kids, just know you... — read more 

They have started “looking” for reasons to write people up and gave out a lot of documented or-l warnings. People on my team are being laid off year long for not meeting 5.75 call an hour goal. Be on the lookout RIF is coming this month.

jobs being sent back to US 6-9 mo

And then some. Don't think you're safe for a second.

If there aren’t cuts on April 22 then what? Will we even know if there are cuts?

Market collapse is going to force layoffs. How many is Abby gonna cut by 6/30 ? 2500 ?

Funny how I've seen so many L6 and L7 individuals in leadership roles. It's just awful to see them talk about something they have zero clue on, nodding head with visibly "lost" look on their faces. Most just pretend to be on incident calls for... — read more 

He was on today one on one interview, he provided his market analysis, thinking, etc., during this insane market cycle. Made me wonder how Abby would do in the same setting.

Level 4, 5, 6 If you're not in a location same as your manager or your manager's manager, consider you're on a bath for being RIF'ed You'll notice your manager not micromanaging you, not bothering you every two minutes to get updates on something... — read more 

Anyone have insight into next round of layoffs by business unit or group? I keep seeing April 22 in posts for Wealth group. Any specifics?

For a minute I thought fidelity was one of the best companies and feared for smaller companies because of what goes on in the office. Then I realized that smaller companies don’t have all the red tape to cut through so they wouldn’t be met with... — read more 

There is so much fat to trim in operations roles. Don’t ask managers for their feedback, they will lie. Look into the numbers and know they can be faked

Maybe the office politics stems from all the inequality and discrimination that happened during the pandemic. Going into the office is more like going to daycare. There are always screaming babies that have something to prove. May the odds be ever... — read more 

Someone wanted to research if people would be considered expendable due to AI's emergence. As someone in tech, I came to answer. As someone who wasn't in Fidelity for a while, I assumed ops means people who work the phones. Again, I wasn't at... — read more 

I’m so sick of managers saying “that’s not MY job, that’s YOURS”. When it’s not my job, I just go to HR to report my manager has been notified